Capital One must be feeling generous!

After seeing various threads about emailing the executive office about increases, I decided to do the same thing this past Friday. Someone called me back on Friday and I told him I wanted my $2,000 dollar limit raised. I told him that I realize that I just opened the account in November 2012, but looking at the other cards I have, this one was never going to see any action. He asked me what I would be comfortable with and I told him for now $5,000 would do it. Looked this morning and my limit is $5,000. No HP at all, considering I told him that I did not want an HP under any circumstances. Perhaps Capital One reads these boards and sees that they have a bad rep as far as increases go and they want to improve that!!

Yes, it also seems to me that Cap1 is softening a bit. I'm still in shock over getting my Platinum upgraded to Venture Signature, with no hassle -- just a "sure, you're eligible to upgrade" for a response. And this was without even having to contact the Executive Office! I'm not quite sure what gives, but they may very well be rethinking their policies. The lack of their cards having the ability to grow has been a major complaint, so perhaps they are trying to improve customer loyalty. If this is the case, all I can say is good for them!

Re: Capital One must be feeling generous!

Yes, it also seems to me that Cap1 is softening a bit. I'm still in shock over getting my Platinum upgraded to Venture Signature, with no hassle -- just a "sure, you're eligible to upgrade" for a response. And this was without even having to contact the Executive Office! I'm not quite sure what gives, but they may very well be rethinking their policies. The lack of their cards having the ability to grow has been a major complaint, so perhaps they are trying to improve customer loyalty. If this is the case, all I can say is good for them!

Wow! How long had you had your Platinum before they upgraded you? I got a Platinum to start building my revolving accounts and though i'd have to get rid of it in a couple of years due to AF/Lack of CLI.

Yes, it also seems to me that Cap1 is softening a bit. I'm still in shock over getting my Platinum upgraded to Venture Signature, with no hassle -- just a "sure, you're eligible to upgrade" for a response. And this was without even having to contact the Executive Office! I'm not quite sure what gives, but they may very well be rethinking their policies. The lack of their cards having the ability to grow has been a major complaint, so perhaps they are trying to improve customer loyalty. If this is the case, all I can say is good for them!

Wow! How long had you had your Platinum before they upgraded you? I got a Platinum to start building my revolving accounts and though i'd have to get rid of it in a couple of years due to AF/Lack of CLI.

I've had the card since 1999. I had so-so credit at the time, and they gave me a starting limit of $1400. Then in the mid 2000s I had some serious financial bumps in the road, and even though other cards were closed I managed to hang onto this one. My credit was absolutely trashed during that time period, but so long as I caught up on late payments, they kept the account open. I started rebuilding my credit in the summer of 2010 -- became current on accounts, both open and closed, and remained current; paid off any outstanding balances; etc. My scores went from the mid 500s to where they are in my siggy. In 2011, Cap1 gave me a whopping $5000 CLI, bringing the card up to $6400, which floored me! And now finally, the upgrade to Venture.

I don't know if they would have done this had I not had such a long history with them. OTOH, I'm surprised because they surely know my bumpy history. I suppose that they've been able to see that I've gotten my finances back on track and have rewarded my improved credit behavior. Whatever the reason, I'm grateful.

Re: Capital One must be feeling generous!

Thanks for the info! I just got my card in May of 2012, so I know I am a long way off from a PC. I did get a $100 credit increase at 6 months (though I have read that this might be the only credit increase I may see). But it is good to have some hope of being able to build a relationship with Capital One instead of just discarding them when they are no longer useful.

Re: Capital One must be feeling generous!

I'd like to email them concerning an increase on my year old No-Hassles card. Would someone be so kind as to PM the email address? I've searched the boards and only find the phone number, but I'd like to email them. Thanks so much for the help!

Re: Capital One must be feeling generous!

After seeing various threads about emailing the executive office about increases, I decided to do the same thing this past Friday. Someone called me back on Friday and I told him I wanted my $2,000 dollar limit raised. I told him that I realize that I just opened the account in November 2012, but looking at the other cards I have, this one was never going to see any action. He asked me what I would be comfortable with and I told him for now $5,000 would do it. Looked this morning and my limit is $5,000. No HP at all, considering I told him that I did not want an HP under any circumstances. Perhaps Capital One reads these boards and sees that they have a bad rep as far as increases go and they want to improve that!!

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair
organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or
assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.